Covered bonds are a popular investment outside the U.S. but have not been broadly accessible here. The COBO fund seeks to match the performance of the BNP Paribas Diversified USD Covered Bond Index, before fees and expenses.
ByAllAccounts And Portfolio Pathway Partner
ByAllAccounts, the account aggregation engine, and portfolio management software provider Portfolio Pathway have partnered to give the latter's users aggregated client data from thousands of financial institutions, across all their accounts.
This unified account view will enhance advisors' ability to give wealth management advice using all of their clients' assets, including variable annuities, brokerages, ETFs, trusts, retirement accounts and more.
With this combination, financial advisors can help their clients better manage risk and achieve their personal financial goals.
FiPath Launches ReferMyAdvisor
ReferMyAdvisor is a new tool from FiPath for Advisors designed to help financial advisors acquire more clients through an automated e-mail marketing platform. The product allows clients to recommend their financial advisors to friends and family with personal e-mail referrals.
"Most of us want a referral or recommendation from a trusted source before entering into a business relationship, including choosing a financial advisor," says Peter Velardi, president and chief operating officer of FiPath.
"ReferMyAdvisor provides people with a simple and effective method."
For more information on ReferMyAdvisor visit: http://www.fipath.com/advisors/refer-my-advisor-tour.
Arrow Funds Adds Institutional Share Class
Arrow Investment Advisors now offers an institutional share class (Class I) for each of the firm's five tactical and alternative investment mutual funds. The new institutional share class (Class I) offers an additional access point for investment advisors.
"Our decision to introduce a new institutional share class is in direct response to client demand as advisors seek lower-cost access to non-traditional investment strategies such as managed futures and other alternatives," says Day Thomas, the director of institutional relationships at Arrow Funds.